MVC Capital, Inc. is an externally-managed Business Development Company that trades on the New York Stock Exchange (NYSE) under the symbol "MVC". MVC is transitioning its investment focus to primarily yielding investments, following an earlier focus on realizing capital loss carry forwards through equity investments. MVC is one of the top BDC performers in terms of consistent dividend payments to shareholders that have grown over-time with the most recent increase in Q4 2019 of 13%. With more than 70% of its portfolio currently in yielding investments, combined with increased yielding investment activity going forward, MVC anticipates increasing distributions paid to investors over time.
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*Net asset value updated quarterly.
The Tokarz Group Advisers’ LLC “TTGA” experienced leadership team sets
the tone and direction for the entire organization.
As of January 31, 2020, the Company's net assets were $229.4 million or $12.94 per share, compared with $228.0 million or $12.86 per share at the end of the prior fiscal quarter and $216.9 million or $12.24 per share at the end of the first quarter of fiscal 2019.
MVC Capital announced on December 23, 2019 that its board of directors declared a regular dividend of $0.17 per share. The dividend is payable on January 10, 2020 to shareholders of record on January 3, 2020. The distribution represents the fifty-ninth consecutive quarterly dividend paid by the Company since implementing a dividend policy in July of 2005. The cumulative dividends issued under current management total approximately $8.08 per share.
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Michael Tokarz, Chairman and Portfolio Manager Shareholder Letter PURCHASE, N.Y. , March 24, 2020 (GLOBE NEWSWIRE) -- Dear Fellow Shareholders, It is certainly an unprecedented time in the world that warrants providing our shareholders and bondholders with our business update in response to the
PURCHASE, N.Y. , March 09, 2020 (GLOBE NEWSWIRE) -- MVC Capital, Inc. (NYSE: MVC) (the “Company”), a publicly traded business development company (BDC) that makes private debt and equity investments, announced its financial results for the fiscal first quarter ended January 31, 2020 .
PURCHASE, N.Y. , Feb. 25, 2020 (GLOBE NEWSWIRE) -- MVC Capital, Inc. (NYSE: MVC) (the “Company”), a publicly traded business development company (BDC) that makes private debt and equity investments has announced that it will partially redeem its 6.25% Senior Notes due 2022 (NYSE: MVCD) (the
PURCHASE, N.Y. , Jan. 14, 2020 (GLOBE NEWSWIRE) -- MVC Capital, Inc. (NYSE: MVC) (the “Company”), a publicly traded business development company (BDC) that makes private debt and equity investments, announced its financial results for the fiscal fourth quarter and full year ended October 31, 2019 .